Daily Real Estate Vocab #24 - Fee Simple Defeasible
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Daily Real Estate Vocab #24 - Fee Simple Defeasible
Daily Real Estate Vocab is here! Today we discuss Fee Simple Defeasible. A Fee Simple Defeasible is created when a condition is added on a fee simple estate. If the condition is met, the estate may be lost. The estate then goes to the original owner, his or her heirs or a third party depending on the deed. For more vocab terms check out our ...
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